Two years after Singapore's independence from Malaysia in 1965, the monetary union between Malaysia, Singapore and Brunei broke down. Singapore issued its first independent coins and notes in 1967. Interchangeability with the Brunei dollar is still maintained.

The dollar has been the currency of Barbados since 1882. The Barbados dollar replaced the East Caribbean dollar at par in 1973. Since July 5, 1975, the Barbados dollar has been pegged to the US dollar at 1 USD = 2 Bds$.